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Hot Business Industries for 2017

Written on 07 November 2017.

Looking for new opportunities to start a business is a combination of passion and practicality. If you want to start a new company or dive into a different career, then you will want to look at the hottest industries of the year. According to the U.S. Bureau of Labor Statistics, a declining economy isn’t going to change the future of these industries. Instead, they are expected to grow despite the changes in the market.

Healthcare is expected to be one of the fastest rising industries. The growth of baby boomers, an aging population and demands in health is opening the doors for new opportunities. This not only includes doctors and high-end professionals. Starting a business as a care provider without a degree is expected to be in demand and looking for helping hands.

As medical marijuana builds with a legal reputation and is acceptable among the crowds are also new opportunities for growers. IBISWorld predicts that this profession will grow in demand by over 33% in the next five years. If you are living in a state where marijuana is legal, then you have an open invitation to get into an industry that will continue to rise in demand.

Technology is always a centerpiece as a growing industry. You can spark up your new ideas by using e-commerce. There is also fast growth among apps as a popular method of work and play. Open shop, customize your products, develop your creative ideas and get ready to sell. The simplicity of an online presence, low barriers to entry and the popularity of technology for shopping and apps are continuing to rise in the market.

Development of offices, residential spaces, landscapes and new buildings are dramatically increasing. There is a rising demand in real estate; however, most home owners and office buildings are re-looking their current area for improvements. Maintenance, upgrades and new ways to layout residential and office space is popular and sloping upwards towards popularity.

If you have a skill or craft and want a new career opportunity, then consider these top industries. This year there is an increase with no recession expectation of everything from health to technology. If you have a spark to start a business or move into a different career field, then you can easily begin creating a lucrative opportunity.